Enter the loan amount, the interest rate as a percentage, the life in years of the loan, and the number of payments per year. Be sure to enter the interest rate as a percentage, eg. 7.775 and not as .07775. The calculations are extremely fast and occur as you enter the number of payments per year.
A printable amortization schedule shows in a window along side the entry fields. Be sure to enter the title of the loan before printing the schedule. The report may be directed to either LPT1 (nomally), LPT2, or to a file name REPORT.TXT.
This is a screenshot of Amortize.
This is a screenshot of a printed amortization schedule.
Download it here
Loan Amortization Program
Click here to
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